Guidance
Large Business (LB) Oil and Gas market values for category 1 crudes 2026
Updated 13 April 2026
© Crown copyright 2026
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This publication is available at https://www.gov.uk/government/publications/check-the-statutory-market-values-for-oil/large-business-lb-oil-and-gas-market-values-for-category-1-crudes-2026
January 2026
| Date | North Sea Reference |
Brent | Ekofisk | Flotta | Forties | Statfjord |
|---|---|---|---|---|---|---|
| 1 January 2026 |
62.22 | 63.13 | 63.82 | 60.49 | 62.98 | 64.03 |
| 2 January 2026 |
62.31 | 63.23 | 63.92 | 60.64 | 63.06 | 64.11 |
| 3 January 2026 |
62.31 | 63.23 | 63.93 | 60.66 | 63.08 | 64.11 |
| 4 January 2026 |
62.21 | 63.13 | 63.82 | 60.55 | 62.97 | 64.01 |
| 5 January 2026 |
62.21 | 63.12 | 63.83 | 60.57 | 62.89 | 63.99 |
| 6 January 2026 |
62.27 | 63.17 | 63.89 | 60.67 | 62.90 | 64.03 |
| 7 January 2026 |
63.16 | 64.06 | 64.80 | 61.66 | 63.73 | 64.85 |
| 8 January 2026 |
63.66 | 64.55 | 65.30 | 62.19 | 64.18 | 65.32 |
| 9 January 2026 |
64.78 | 65.66 | 66.42 | 63.40 | 65.26 | 66.41 |
| 10 January 2026 |
64.78 | 65.65 | 66.43 | 63.41 | 65.20 | 66.38 |
| 11 January 2026 |
66.15 | 67.02 | 67.79 | 64.78 | 66.56 | 67.75 |
| 12 January 2026 |
66.15 | 67.02 | 67.79 | 64.75 | 66.58 | 67.78 |
| 13 January 2026 |
66.81 | 67.69 | 68.45 | 65.41 | 67.24 | 68.44 |
| 14 January 2026 |
67.26 | 68.13 | 68.93 | 65.96 | 67.66 | 68.82 |
| 15 January 2026 |
67.63 | 68.49 | 69.28 | 66.26 | 67.99 | 69.25 |
| 16 January 2026 |
67.50 | 68.37 | 69.15 | 66.10 | 67.86 | 69.15 |
| 17 January 2026 |
67.50 | 68.37 | 69.15 | 66.10 | 67.86 | 69.15 |
| 18 January 2026 |
67.23 | 68.10 | 68.88 | 65.82 | 67.58 | 68.88 |
| 19 January 2026 |
67.23 | 68.11 | 68.86 | 65.84 | 67.66 | 68.91 |
| 20 January 2026 |
67.10 | 67.99 | 68.72 | 65.74 | 67.58 | 68.80 |
| 21 January 2026 |
67.14 | 68.05 | 68.75 | 65.85 | 67.76 | 68.85 |
| 22 January 2026 |
67.21 | 68.14 | 68.78 | 65.89 | 67.97 | 68.99 |
| 23 January 2026 |
67.43 | 68.38 | 69.00 | 66.13 | 68.24 | 69.21 |
| 24 January 2026 |
67.43 | 68.40 | 68.99 | 66.18 | 68.34 | 69.22 |
| 25 January 2026 |
67.92 | 68.89 | 69.48 | 66.67 | 68.83 | 69.71 |
| 26 January 2026 |
67.92 | 68.91 | 69.52 | 66.71 | 68.88 | 69.72 |
| 27 January 2026 |
69.24 | 70.36 | 70.98 | 68.12 | 70.36 | 71.12 |
| 28 January 2026 |
70.15 | 71.44 | 72.09 | 69.14 | 71.48 | 72.13 |
| 29 January 2026 |
70.36 | 71.81 | 72.49 | 69.44 | 71.85 | 72.44 |
| 30 January 2026 |
70.48 | 72.15 | 72.84 | 69.66 | 72.18 | 72.67 |
| 31 January 2026 |
70.48 | 72.27 | 73.00 | 69.74 | 72.31 | 72.75 |
February 2026
| Date | North Sea Reference |
Brent | Ekofisk | Flotta | Forties | Statfjord |
|---|---|---|---|---|---|---|
| 1 February 2026 |
70.47 | 72.26 | 72.99 | 69.73 | 72.30 | 72.75 |
| 2 February 2026 |
70.47 | 72.36 | 73.07 | 69.77 | 72.41 | 72.79 |
| 3 February 2026 |
69.96 | 72.07 | 72.77 | 69.37 | 72.13 | 72.40 |
| 4 February 2026 |
69.68 | 71.94 | 72.51 | 69.16 | 72.02 | 72.15 |
| 5 February 2026 |
70.33 | 72.67 | 73.12 | 69.86 | 72.77 | 72.78 |
| 6 February 2026 |
70.78 | 73.21 | 73.53 | 70.33 | 73.31 | 73.22 |
| 7 February 2026 |
70.78 | 73.23 | 73.49 | 70.34 | 73.35 | 73.21 |
| 8 February 2026 |
71.41 | 73.85 | 74.12 | 70.97 | 73.98 | 73.84 |
| 9 February 2026 |
71.41 | 73.85 | 74.09 | 70.92 | 73.93 | 73.83 |
| 10 February 2026 |
71.63 | 74.07 | 74.20 | 71.06 | 74.04 | 74.00 |
| 11 February 2026 |
71.45 | 73.88 | 73.89 | 70.76 | 73.70 | 73.81 |
| 12 February 2026 |
71.27 | 73.68 | 73.68 | 70.45 | 73.36 | 73.65 |
| 13 February 2026 |
70.81 | 73.20 | 73.19 | 69.85 | 72.74 | 73.20 |
| 14 February 2026 |
70.81 | 73.19 | 73.17 | 69.76 | 72.62 | 73.22 |
| 15 February 2026 |
70.47 | 72.85 | 72.83 | 69.42 | 72.28 | 72.88 |
| 16 February 2026 |
70.47 | 72.84 | 72.78 | 69.37 | 72.25 | 72.85 |
| 17 February 2026 |
70.82 | 73.18 | 73.11 | 69.63 | 72.54 | 73.20 |
| 18 February 2026 |
71.14 | 73.48 | 73.44 | 69.83 | 72.76 | 73.53 |
| 19 February 2026 |
71.42 | 73.75 | 73.74 | 70.09 | 73.09 | 73.79 |
| 20 February 2026 |
71.72 | 74.05 | 74.06 | 70.39 | 73.46 | 74.07 |
| 21 February 2026 |
71.72 | 74.05 | 74.06 | 70.38 | 73.49 | 74.06 |
| 22 February 2026 |
71.57 | 73.90 | 73.91 | 70.23 | 73.34 | 73.91 |
| 23 February 2026 |
71.57 | 73.90 | 73.93 | 70.27 | 73.42 | 73.92 |
| 24 February 2026 |
71.45 | 73.79 | 73.87 | 70.20 | 73.41 | 73.82 |
| 25 February 2026 |
71.29 | 73.62 | 73.71 | 70.06 | 73.30 | 73.66 |
| 26 February 2026 |
72.36 | 74.70 | 74.79 | 71.21 | 74.49 | 74.74 |
| 27 February 2026 |
75.05 | 77.40 | 77.49 | 73.90 | 77.20 | 77.44 |
| 28 February 2026 |
75.05 | 77.40 | 77.49 | 73.90 | 77.21 | 77.44 |
March 2026
| Date | North Sea Reference |
Brent | Ekofisk | Flotta | Forties | Statfjord |
|---|---|---|---|---|---|---|
| 1 March 2026 |
77.13 | 79.48 | 79.57 | 75.99 | 79.30 | 79.52 |
| 2 March 2026 |
77.13 | 79.48 | 79.58 | 75.98 | 79.27 | 79.52 |
| 3 March 2026 |
80.33 | 82.67 | 82.77 | 79.14 | 82.41 | 82.71 |
| 4 March 2026 |
85.00 | 87.34 | 87.45 | 83.78 | 87.04 | 87.38 |
| 5 March 2026 |
89.99 | 92.29 | 92.43 | 88.72 | 91.96 | 92.36 |
| 6 March 2026 |
90.64 | 92.90 | 93.07 | 89.35 | 92.59 | 93.00 |
| 7 March 2026 |
90.64 | 92.88 | 93.06 | 89.33 | 92.57 | 92.99 |
| 8 March 2026 |
92.73 | 94.97 | 95.15 | 91.42 | 94.66 | 95.08 |
| 9 March 2026 |
92.73 | 94.93 | 95.07 | 91.40 | 94.63 | 95.04 |
| 10 March 2026 |
95.31 | 97.45 | 97.57 | 93.94 | 97.16 | 97.58 |
| 11 March 2026 |
97.12 | 99.19 | 99.30 | 95.72 | 98.82 | 99.35 |
| 12 March 2026 |
97.30 | 99.26 | 99.41 | 95.78 | 98.73 | 99.49 |
| 13 March 2026 |
100.34 | 102.20 | 102.38 | 98.63 | 101.32 | 102.49 |
| 14 March 2026 |
100.34 | 102.16 | 102.32 | 98.57 | 101.15 | 102.46 |
| 15 March 2026 |
104.57 | 106.39 | 106.55 | 102.80 | 105.38 | 106.69 |
| 16 March 2026 |
104.57 | 106.33 | 106.56 | 102.68 | 105.10 | 106.69 |
| 17 March 2026 |
107.92 | 109.58 | 109.91 | 105.81 | 108.01 | 110.03 |
| 18 March 2026 |
110.68 | 112.27 | 112.69 | 108.40 | 110.36 | 112.80 |
| 19 March 2026 |
111.97 | 113.53 | 113.99 | 109.88 | 111.56 | 114.09 |
| 20 March 2026 |
113.64 | 115.20 | 115.78 | 111.88 | 113.29 | 115.78 |
| 21 March 2026 |
113.64 | 115.21 | 115.80 | 112.03 | 113.38 | 115.78 |
| 22 March 2026 |
113.03 | 114.59 | 115.19 | 111.42 | 112.76 | 115.17 |
| 23 March 2026 |
113.03 | 114.65 | 115.27 | 111.76 | 113.04 | 115.22 |
| 24 March 2026 |
113.14 | 114.75 | 115.50 | 112.40 | 113.54 | 115.39 |
| 25 March 2026 |
113.84 | 115.25 | 116.31 | 113.70 | 114.62 | 116.14 |
| 26 March 2026 |
116.43 | 117.64 | 119.02 | 116.93 | 117.60 | 118.89 |
| 27 March 2026 |
119.53 | 120.54 | 122.22 | 120.41 | 120.96 | 122.15 |
| 28 March 2026 |
119.53 | 120.41 | 122.24 | 120.60 | 121.12 | 122.23 |
| 29 March 2026 |
122.93 | 123.80 | 125.64 | 124.00 | 124.52 | 125.63 |
| 30 March 2026 |
122.93 | 123.75 | 125.93 | 124.18 | 124.50 | 125.96 |
| 31 March 2026 |
127.76 | 128.39 | 131.27 | 129.33 | 129.35 | 131.29 |